Gregory Dale Hawkins was a trader and principal in the hedge fundLong-Term Capital Management that after four spectacularly successful years lost most of its clients' money in 1998 when the Russian government defaulted on its debt payments on August 17, 1998, triggering a devaluation of the Russian ruble. Long-Term Capital had $4.6 billion in portfolio losses in a few months and only avoided outright bankruptcy because the U.S. central bank prompted a consortium of large global investment banks and counter-parties of LTCM to provide an equity bailout. LTCM shutdown in early 2000.
greg, hawkins, this, biography, living, person, needs, additional, citations, verification, please, help, adding, reliable, sources, contentious, material, about, living, persons, that, unsourced, poorly, sourced, must, removed, immediately, from, article, tal. This biography of a living person needs additional citations for verification Please help by adding reliable sources Contentious material about living persons that is unsourced or poorly sourced must be removed immediately from the article and its talk page especially if potentially libelous Find sources Greg Hawkins news newspapers books scholar JSTOR June 2019 Learn how and when to remove this template message Gregory Dale Hawkins was a trader and principal in the hedge fund Long Term Capital Management that after four spectacularly successful years lost most of its clients money in 1998 when the Russian government defaulted on its debt payments on August 17 1998 triggering a devaluation of the Russian ruble Long Term Capital had 4 6 billion in portfolio losses in a few months and only avoided outright bankruptcy because the U S central bank prompted a consortium of large global investment banks and counter parties of LTCM to provide an equity bailout LTCM shutdown in early 2000 Hawkins lives in New Rochelle in Westchester County New York 1 Contents 1 Early life 2 Career 3 See also 4 ReferencesEarly life EditHawkins earned an S B in economics from MIT in 1976 and a Ph D in management from the MIT Sloan School of Management in 1982 1 Career EditOn 27 February 2008 Hawkins was put in control of Risk Oversight of Real Estate and Mortgage Exposure for Citibank 2 citation needed See also Edit1998 Russian financial crisis Long Term Capital ManagementReferences Edit Virtual Globetrotting 5 January 2012 www citigroup com Lowenstein Roger 2000 When Genius Failed The Rise and Fall of Long Term Capital Management Random House ISBN 0 375 50317 X San Jose State University Economics Department page on LTCM This article about a United States businessperson is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Greg Hawkins amp oldid 1158270517, wikipedia, wiki, book, books, library,
